New models at all divisions will help the group raise deliveries, revenue and operating profit in 2010, the company said today. "Volkswagen can't deny that the crisis had an impact on their model mix," said Horst Schneider, an HSBC Holdings Plc analyst in Dusseldorf, Germany. Fourth quarter operating profit, which Schneider calculated at 337 million euros, was "slightly weaker" than expected, reflecting the desire for smaller cars. Volkswagen's preferred shares fell 78 cents, or 1.3 percent, to 59.80 euros in Frankfurt trading, valuing the carmaker at 25.1 billion euros. Porsche Combination VW is combining with Porsche SE, the maker of the 911 sports car, and in January bought 19.9 percent of Suzuki Motor Corp., Japan's second largest minicar manufacturer, for US$2.5 billion